June 11th, 2018
The  weekly roundup of Africa's Private Capital news

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Welcome to the latest weekly wrap of the most interesting Africa-related private equity, infrastructure and venture capital deal stories, market opinion articles and information pieces. 

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This week's issue supported by...             
RMB Corvest - Chart
Deals and Fundraising News...
Private Equity
Abraaj sells CIRA stake back to founding family
The Abraaj Group has reportedly sold its stake in Cairo Investment and Real Estate Development (CIRA) back to the education company's founding family.

Abraaj sells stake in education provider CIRA back to founding family
Private Equity
Fairfax Africa raises capital for more Africa deals
Fairfax Africa is raising more capital for additional African investments as well as some general corporate purposes.
Private Equity
Amethis assumes management of Maghreb-focused fund
Amethis Finance is taking over the management of a €75 million Maghreb-focused private equity fund.
Private Equity
Agile Capital's third fund double predecessor's size
Agile Capital is raising its third Africa private equity fund which is double the size of its immediate predecessor.
Venture Capital
IFC mulls equity investment in Egyptian healthcare play
The IFC is considering an equity investment in Vezeeta, a digital healthcare company headquartered in Cairo.
Policy, Regulation & Compliance...
Policy
Germany's policy promises to Africa slow to start
Germany's promise to use its presidency of the G20 to launch initiatives to promote economic growth, fight poverty and create jobs in Africa has been slow to get started.
This week's issue supported by...             
Only days remain to
get the best deal on the 2018 Guide to Sub-Saharan Private Equity from Africa Capital Digest

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  • Firm profiles with Names, Emails of each firm's investment professionals
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  • Headquarter and Regional Office contact details
  • Quick reference indexes of fund managers and portfolio companies by sector
"The must-have reference and planning resource for investors and their advisers exploring the private equity investment opportunity in sub-Saharan Africa."

Sectors, Trends & Perspectives...
Strategies
Egypt and SSA figure in Gulf Capital's investment plans
Gulf News reports Gulf Capital will target opportunities in both Egypt and sub-Saharan Africa as part of its $500 million of planned investments in the next two years.
Perspectives
Scramble for venture capital in Africa
A review and summary in People's Post of some of the major venture capital activity that's taken place in Africa so far this year.
Perspectives
Global youth employment and private sector development
Transcript of a keynote speech delivered by Brookings' Africa Growth Initiative Director Brahima Sangafawa Coulibaly on youth employment trends and their implications for private sector development.
Companies, Profiles & People...
People
CrossBoundary appoints new General Counsel
The CrossBoundary Group has announced the appointment of a new General Counsel.
Current Job Postings...
Highlighted job...             
Chief Investment Officer at MedAccess, a CDC company  // cdcgroup.com
Based in London, United Kingdom
New this week...
Investment Director at Amethis Finance  // amethisfinance.com
Based in Casablanca, Morocco
Senior Consultant, ESG/Sustainability at ERM  // erm.com
Based in Johannesburg, South Africa
Principal Investment Officer, AHWS at African Development Bank  // afdb.org
Based in Abidjan, Côte d'Ivoire
Investment Manager, Food & Agriculture, Equity at CDC  // cdcgroup.com
Based in London, United Kingdom
Capital Markets Transaction Leader at Open Capital  // opencapitaladvisors.com
Based in Nairobi, Kenya
Senior Associate, Minigrid Innovation Lab at CrossBoundary  // crossboundary.com
Based in Nairobi, Kenya
Associate, Development Impact (Intermediated Equity) at CDC  // cdcgroup.com
Based in London, United Kingdom
Analyst, Financial Services Strategy at Genesis Analytics  // genesis-analytics.com
Based in Johannesburg, South Africa
Analyst, Financial Services Strategy at Genesis Analytics  // genesis-analytics.com
Based in Nairobi, Kenya
Upcoming Conferences...
Highlighted Event...             
4th Annual Private Equity in East Africa Conference 
Nairobi, June 14th to June 15th, 2018
Africa Energy Forum 2018 
Black River, Mauritius, June 19th to June 22nd, 2018
Africa Trade & Investment Global Summit 
Washington, DC, June 24th to June 26th, 2018
New this week...
2nd Namibia Renewable Energy & Power Infra Investors 
Windhoek, July 5th, 2018
TMT Finance Africa 2018 
London, September 19th, 2018
Regional Energy Cooperation Summit 
Accra, September 26th to September 28th, 2018
Africa Renewable Energy Forum 
Marrakech, November 15th to November 16th, 2018
Gas Options: North & West Africa Summit 
Marrakech, November 15th to November 16th, 2018
SuperReturn Africa 
Cape Town, November 5th to November 7th, 2018
International Gas Cooperation Summit 
Durban, December 4th to December 5th, 2018
And finally...
We hope you found the digest to be a useful summary of the major happenings in Africa's private capital markets last week.  We'd love it if you shared it with colleagues and business partners.  They can sign up for a free trial, for the moment,  here.  

Best wishes for a productive week - if you have any tips, suggestions, questions or comments, please get in touch.

All the best,
 
- Allan
 
Allan Cunningham
Editor & Publisher
AfCD | Africa Capital Digest

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